Tag Archives: down

When you refinance your mortgage do “they” require a down payment?

Question by : When you refinance your mortgage do “they” require a down payment? We are going through a broker. When you refinance your mortgage, do they request a “down payment” toward that as if it were a new mortgage? … Continue reading

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Q&A: How do I refinance if I am upside down in my mortgage and I am paying PMI?

Question by D D: How do I refinance if I am upside down in my mortgage and I am paying PMI? I am looking for any options I have to refi. I do have a FHA loan but I am … Continue reading

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Q&A: Is it better to pay down my current mortgage and refinance or refinance and use the money for downpayment?

Question by mks6128: Is it better to pay down my current mortgage and refinance or refinance and use the money for downpayment? I have inherited some money and I want to use it to pay down the debt on my … Continue reading

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Q&A: If I’m on an adjustable rate mortgage, will my rate go down, if the prime rate go down, without me refinancing

by Jim Carson Question by Jessica: If I’m on an adjustable rate mortgage, will my rate go down, if the prime rate go down, without me refinancing I have an adjustable mortgage with a 2 yr fixed rate, but in … Continue reading

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Can you use your 401 k to pay down your mortgage if you refinance without receiving a penalty?

Question by Deborah V: Can you use your 401 k to pay down your mortgage if you refinance without receiving a penalty? Can you borrow your 401 k money to pay down your mortgage if you are planning to refinance … Continue reading

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Why would we be turned down for a credit card when we just passed a credit check for a mortgage refinance?

Question by Deirdre B: Why would we be turned down for a credit card when we just passed a credit check for a mortgage refinance? The same week my husband looked into a balance transfer credit card I started an … Continue reading

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Q&A: Are there currently options for refinancing if you are upside down in your mortgage?

Question by Dan: Are there currently options for refinancing if you are upside down in your mortgage? I took out a second and did home improvements to my home…just in time for the market crash. I’m now either barely even, … Continue reading

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UK mortgage rates start to come down

UK mortgage rates start to come down Article by Mark Leaper The finance sector is sat on the edge of its seat following the recent reduction in mortgage interest rates by … Continue reading

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Are there any banks doing mortgage refinancing not requiring a down payment or a LTV of 100%?

by cogdogblog Question by Jen: Are there any banks doing mortgage refinancing not requiring a down payment or a LTV of 100%? Best answer: Answer by v bLoan standards are now a minimum of 3-5%. Loan standards now require that … Continue reading

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Arizona, are you upside down? Explore refinance mortgage loans.

Arizona, are you upside down? Explore refinance mortgage loans. Article by Blair Arizona has experienced a rapid decline in home value. Many homeowners have desperately sought relief through traditional refinance loans. However, a … Continue reading

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